The digital technology is an incremental disruptive technology, with exponential growth.

The traditional proposition which remains generally true is that “a contract is an agreement giving rise to obligations which are enforced or recognized by law”.

For the past 50 years Cyprus has developed into a formidable maritime centre, renowned for its high quality shipping services.

Intellectual Property (IP) rights are those rights granted by law in order to protect tangible property and in general any product of the human intellect.

For the purpose of this work, it is assumed that, NC is a start-up company in Information Technology business and deals mainly with computer software.

Intellectual Property is the catalyst that transforms creative activity into creative industry and value.

As the above analysis has indicated trade marks are valuable corporate assets and in cases where they are correctly exploited, they provide their trade mark proprietors with more fame, distinctiveness and benefits.

The eBay electronic marketplace or any such other marketplaces or auction sites usually facilitate the purchase and sale of goods over the internet by individuals.

There is no internationally accepted definition of e-commerce. The department of trade and industry have proposed to the OECD the following definition:

Как известно, в Европе существует множество независимых государств.

The evolution and development of the Internet has assisted the appearance of new forms of advertising and trading. Advertising systems such as Google AdWords and online marketplaces such as eBay have been created.

The use of keywords and sponsored links in internet advertising is currently considered to be one of the biggest trade mark law issues.

Кипр имеет современную и конкурентоспособную инфраструктуру вместе с эффективн&#